Haha. The possibility to drop below 0.10 is very slim. 30% of share price at 0.15, not just 1 or 2%. At such price, the NTA of Orion will be increased.
We need to focus on their prospects, 15 years of contract with Myangkasa, potential 10 years of contract with SME bank (SME bank even post it on their official Facebook page), and their venture in indonesia.
We have another shark who can cough out more than 20 millions to buy 30% of Orion shares. He won't allow the share price drop too much. Let's see which shark is more powerful.
Orion is not doing a 30% placement right now. They are only doing 15% placement. The rest of the placement will only be done if they secure another project. And the placement price will be 5-10% discount to market price. That's the maximum discount that is allowed by Bursa.
Superscared and cokman, how your warrant bought at 0.13? Already cut loss? Talk so big not dare to answer my question? Low class small timers act like technical expert, pui...
Ali Azmi Haha. The possibility to drop below 0.10 is very slim. 30% of share price at 0.15, not just 1 or 2%. At such price, the NTA of Orion will be increased. 15/04/2019 5:49 PM
What Ali Azmi says is right, very very slim to drop to 10 sen. Now if what jomaropol says is right only 15% exercised , so we are seeing 15% must be locked at least 15 Sen.
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Flyinghorse
3,705 posts
Posted by Flyinghorse > 2019-04-15 17:38 | Report Abuse
15 sen? Below market price closing at 0.19. Down trend coming....????